MBank Wallet
Curated by SignalP2P remittance solution enabling secure digital transactions in UAE.
Overview
MBank Wallet functions as a peer-to-peer (P2P) remittance solution in the United Arab Emirates (UAE). It offers a digital wallet that supports money transfers and payments through QR codes. Users can create accounts using their Emirates ID, which facilitates transactions for residents, Emiratis, and tourists. The platform allows users to fund their wallets from any bank account or through cash deposits at MBank ATMs and partner branches. MBank Wallet aims to provide efficient financial services and enables quick payments at retail locations via QR codes, addressing some of the limitations of traditional money transaction methods.
Key facts
- Headquarters
- Abu Dhabi, United Arab Emirates
- Stage
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- Industry
- Financial Technology
- Sector
- Payments
Business model
- GTM channel
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- 4 products and services
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